Monday, January 6, 2014

European Amnesia: Lithuania Considers Euro Adoption

Well, it is quite apparent that the euro crisis had done little to transform the sociology of knowledge concerning inherent problems related to common currencies; Lithuania is on track towards adopting the Euro. Read here. A related post on the issue can be seen here.

PS: Euroization is similar (wrt consequences for countries in the periphery) to the process of dollarization - see here.